International Head Quarters(IHQ)

In May 2015, Thailand introduced a scheme to boost Thailand's competitiveness with regards to companies developing International Headquarters in Thailand (IHQ).

International Headquarters (IHQ) is defined as a company incorporated under Thai laws that provide any of the following activities to it's branches or "associate enterprises", whether located in Thailand or overseas.

Managerial services or technical services

Supporting services engaged in:

General management, business planning, and business coordination

Procurement of raw materials and parts

Research and development of products

Technical support

Marketing and sales promotion

Human resource management and training

Financial advisory services

Economic and investment analysis and research

General management, business planning, and business coordination

Any other supporting services stipulated by the Director General of the Revenue Department

Financial management, including:

Financial management by corporate treasury centers approved under the Exchange Control Law

Borrowing and lending in Thai Baht for following cases:

Financial management by corporate treasury centers approved under the Exchange Control Law.

Incentives foran IHQ in Thailand?

International Head Quarters (IHQ) are governed by the BOI in Thailand. The BOI Law was established to provide a plethora of incentives to companies wishing to operate various business types in Thailand. But setting up a BOI can be a little complex. Juslaws & Consult has a lot of experience with the BOI Law and advises clients thinking of setting up International Head Quarters (IHQ) in Thailand to contact them for a FREE first consultation, which will ensure a safe and smooth application process with a positive outcome.